- “The art of economics consists in looking not merely at the immediate but at the longer effects of any act or policy; it consists in tracing the consequences of that policy not merely for one group but for all groups.” Henry Hazlitt
- “It is difficult to make predictions, especially about the future.” Karl Steincke
- Goods and services are real. Money is imaginary.
- All the money you spend goes to other people. Corporations and governments are mechanisms to transfer money between people. Only people need or desire money.
- Saying something is a “right” does not cause it to exist.
- “There’s No Such Thing as a Free Lunch.” Milton Friedman
Posted 2021/09/05